In Re the Tax Appeal of Hawaiian Telephone Co.

OPINION OF THE COURT BY

RICHARDSON, C.J.

Taxpayer, Hawaiian Telephone Company, appeals from the Tax Appeal Court’s findings of fact and conclusions of law and judgment in favor of the Director of Taxation entered on January 28, 1975, pursuant to HRS § 232-19 (1976). After careful consideration of all questions presented in this appeal, we affirm in part and reverse and remand in part.

Hawaiian Telephone Company (hereinafter “Hawaiian Telephone” or “Taxpayer”) is a public utility within the meaning of HRS § 269-1 (1976) (subsequently amended) organized for the purpose of establishing telephone…